The chair of the Board of Governors of the Fed is appointed by the president and confirmed by the Senate.

Name: The chair of the Board of Governors of the Fed is appointed by the president and confirmed by the Senate.
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

According to the Federal Reserve Act, the Chair of the Board of Governors of the Federal Reserve System is appointed by the President of the United States, with the advice and consent of the Senate, for a four-year term.

The Chair of the Board of Governors of the Fed